Mindspace Business Parks REIT
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Mindspace Business Parks REIT's yearly results (2023–2026), compared with companies in India. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹360 of operating cash. Higher than 97% of companies in India.
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹15 per ₹100 of sales comes from others' credit, against ₹13 from others' credit three years earlier. Less money tied up than 97% of companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 92% of companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹360Over the last 3 years, every ₹100 of reported profit came with ₹360 of operating cash.
Higher than 97% of companies in India.
Self-Funding Ratio
1.5×Over the last 3 years its own operating cash covered its investment spending (capex) 1.5 times.
Higher than 61% of companies in India.
Cash Locked Ratio
−₹15Money owed to suppliers is larger than money owed by customers plus stock: ₹15 per ₹100 of sales comes from others' credit, against ₹13 from others' credit three years earlier.
Less money tied up than 97% of companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 64% of companies in India.
Growth Efficiency Ratio
₹37Sales grew 44% in 3 years; of every extra ₹100 of sales, ₹37 became extra profit.
Higher than 86% of companies in India.
Asset Productivity Ratio
+44% / +39%In 3 years sales changed by +44% while total assets changed by +39%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
0.7×Debt due within a year is covered 0.7 times by its yearly operating cash.
Higher than 51% of companies in India.
Cash Cushion Ratio
−36%Debt, after subtracting cash, equals 36% of its market value (net debt).
Lower than 80% of companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 92% of companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 92% of companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (12)
Mindspace Business Parks REIT owes ₹0.50 for every ₹1 it owns. Net profit rose 37% in the year to Mar 2026, and grew 32% a year on average over 3 years.
Compared with companies in India · latest annual results Mar 2026.
P/E ratio
26.4Investors pay ₹26.4 for every ₹1 of Mindspace Business Parks REIT's yearly profit, higher than 55% of companies in India.
P/B ratio
2.16The share price is 2.16 times Mindspace Business Parks REIT's book value per share, lower than 54% of companies in India.
Market cap
₹32,565 CrThe total market value of all of Mindspace Business Parks REIT's shares at today's price (share price × number of shares), larger than 89% of companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹15,047 CrWhat Mindspace Business Parks REIT would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹227.30Net worth divided by the number of shares. The share price of ₹491.93 is 2.2 times this, which is the P/B above.
Owes vs Owns
0.50×Mindspace Business Parks REIT owes ₹0.50 for every ₹1 it owns (moderate), higher than 63% of companies in India.
Revenue growth
+26%Revenue rose 26% in the year to Mar 2026, and grew 13% a year on average over 3 years.
Profit growth
+37%Net profit rose 37% in the year to Mar 2026, and grew 32% a year on average over 3 years.
Profit margin
20.2%Mindspace Business Parks REIT keeps ₹20 of every ₹100 of revenue as net profit.
Cash quality
3.7×Cash from Mindspace Business Parks REIT's business was 3.7× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
2.3×Mindspace Business Parks REIT's operating profit covered its interest costs 2.3 times in the year to Mar 2026.
Cash vs debt
Net debtMindspace Business Parks REIT had ₹11,773 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Mindspace Business Parks REIT's P/E ratio?
Investors pay ₹26.4 for every ₹1 of Mindspace Business Parks REIT's yearly profit, higher than 55% of companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Mindspace Business Parks REIT: ₹32,565 Cr ÷ ₹15,047 Cr (31 Mar 2026) = 2.2.
How much does Mindspace Business Parks REIT owe compared with what it owns?
Mindspace Business Parks REIT owes ₹0.50 for every ₹1 it owns (moderate), higher than 63% of companies in India.
Is Mindspace Business Parks REIT's revenue growing?
Revenue rose 26% in the year to Mar 2026, and grew 13% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.